Ambuja Cements FY- 09 net down12.43%

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Cement major Ambuja Cements today said its consolidated net profit declined by 12.43 per cent to Rs 1,216.84 crore for the year ended December 31, 2009.

The cement producer had a consolidated net profit of Rs 1,389.71 crore a year earlier.

Total income rose to Rs 7,181.48 crore for the year ended December 31, 2009 from Rs 6,308.99 crore in 2008, Ambuja Cements said in a filing to the Bombay Stock Exchange (BSE).

The company has declared a final dividend of Rs 1.20 per share.

On a standalone basis, the company posted a net profit of Rs 1,218.37 crore in 2009, whereas the same was at Rs 1,402.27 crore in 2008.